IMD World Competitiveness Booklet 2020

COMPETITIVENESS TRENDS - OVERALL SOUTH AFRICA

OVERALL PERFORMANCE (63 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Pretoria

2016 2017 2018 2019 2020

1,219 2019 14.448 2019 58.78 2019 351.4 2019 13,691 2019 0.2 2019 4.13 2019 29.10 2019 23.15 2019 -3.20 2019 128.8 2018 1.32 2019

52

53

53

Exchange Rate (per $)

56

59

16

Population - market size (millions)

CHALLENGES IN 2020 Deteriorating headline and youth unemployment. Rising public debt levels amid a shrinking fiscal space. • Deteriorating headline and youth unemployment. • Rising public debt levels amid a shrinking fiscal space. • Lack of decisive plans to revive the struggling economy. • Ongoing electricity supply problems and rolling blackouts. • Sluggish legal process to address corruption in state owned enterprises.

36

Gross Domestic Product (GDP) (US$ billions)

58

GDP (PPP) per capita (US$)

58

Real GDP growth (%)

55

Consumer price inflation (%)

63

Unemployment rate (%)

18

Labor force (millions)

56

Current account balance (% of GDP)

39

Direct investment stocks inward ($bn)

Productivity SA vided by: Productivity SA

48

Direct investment flows inward (% of GDP)

COMPETITIVENESS LANDSCAPE

Economic Performance

Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance

Tax Policy

Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

Management Practices

Attitudes and Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health and Environment Education

5

11

40

43

44

49

52

53

55

57 57

59

59 59

60

60 59

61 60

62

PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries)

POPULATIONS > 20 MILLION (29 countries)

2016 2017 2018 2019 2020

2016 2017 2018 2019 2020

23

23

23

34

36

36

26

37

27

39

105

IMD WORLD COMPETITIVENESS BOOKLET 2020